diff --git a/LICENSE.md b/LICENSE.md
index 3f77f61c..1bebd9dc 100644
--- a/LICENSE.md
+++ b/LICENSE.md
@@ -1,54 +1,50 @@
-TREZOR REFERENCE SOURCE LICENSE (T-RSL)
-=======================================
-
-This license governs use of the accompanying software. If you use the software,
-you accept this license. If you do not accept the license, do not use the
-software.
-
-1. Definitions
---------------
-
-The terms "reproduce," "reproduction" and "distribution" have the same meaning
-here as under U.S. copyright law.
-
-"You" means the licensee of the software.
-
-"Your company" means the company you worked for when you downloaded the
-software.
-
-"Reference use" means use of the software within your company as a reference,
-in read only form, for the sole purposes of debugging your products,
-maintaining your products, or enhancing the interoperability of your products
-with the software, and specifically excludes the right to distribute the
-software outside of your company.
-
-"Licensed patents" means any Licensor patent claims which read directly on the
-software as distributed by the Licensor under this license.
-
-2. Grant of Rights
-------------------
-
-(A) Copyright Grant - Subject to the terms of this license, the Licensor grants
-you a non-transferable, non-exclusive, worldwide, royalty-free copyright
-license to reproduce the software for reference use.
-
-(B) Patent Grant - Subject to the terms of this license, the Licensor grants
-you a non-transferable, non-exclusive, worldwide, royalty-free patent license
-under licensed patents for reference use.
-
-3. Limitations
---------------
-
-(A) No Trademark License - This license does not grant you any rights to use
-the Licensor's name, logo, or trademarks.
-
-(B) If you begin patent litigation against the Licensor over patents that you
-think may apply to the software (including a cross-claim or counterclaim in
-a lawsuit), your license to the software ends automatically.
-
-(C) The software is licensed "as-is." You bear the risk of using it. The
-Licensor gives no express warranties, guarantees or conditions. You may have
-additional consumer rights under your local laws which this license cannot
-change. To the extent permitted under your local laws, the Licensor excludes
-the implied warranties of merchantability, fitness for a particular purpose and
-non-infringement.
+# TREZOR REFERENCE SOURCE LICENSE (T-RSL)
+
+This license governs use of the accompanying software. If you use the software,
+you accept this license. If you do not accept the license, do not use the
+software.
+
+## 1. Definitions
+
+The terms "reproduce," "reproduction" and "distribution" have the same meaning
+here as under U.S. copyright law.
+
+"You" means the licensee of the software.
+
+"Your company" means the company you worked for when you downloaded the
+software.
+
+"Reference use" means use of the software within your company as a reference,
+in read only form, for the sole purposes of debugging your products,
+maintaining your products, or enhancing the interoperability of your products
+with the software, and specifically excludes the right to distribute the
+software outside of your company.
+
+"Licensed patents" means any Licensor patent claims which read directly on the
+software as distributed by the Licensor under this license.
+
+## 2. Grant of Rights
+
+(A) Copyright Grant - Subject to the terms of this license, the Licensor grants
+you a non-transferable, non-exclusive, worldwide, royalty-free copyright
+license to reproduce the software for reference use.
+
+(B) Patent Grant - Subject to the terms of this license, the Licensor grants
+you a non-transferable, non-exclusive, worldwide, royalty-free patent license
+under licensed patents for reference use.
+
+## 3. Limitations
+
+(A) No Trademark License - This license does not grant you any rights to use
+the Licensor's name, logo, or trademarks.
+
+(B) If you begin patent litigation against the Licensor over patents that you
+think may apply to the software (including a cross-claim or counterclaim in
+a lawsuit), your license to the software ends automatically.
+
+(C) The software is licensed "as-is." You bear the risk of using it. The
+Licensor gives no express warranties, guarantees or conditions. You may have
+additional consumer rights under your local laws which this license cannot
+change. To the extent permitted under your local laws, the Licensor excludes
+the implied warranties of merchantability, fitness for a particular purpose and
+non-infringement.